Settings8H · net · $10k
Funding arb · Price arb /

XPD

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h +0.021%
Price spread now: Injective against tradeXYZ+1.842%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 1.842% dearer against tradeXYZ than usual: you sell high and buy low (spread +1.842% now, against zero (this spread has no 7-day history yet)): +$184 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:PALLADIUM1,308.70.0050pay 0.0006% / 1h12m 48s$2.7M$518K20x
ShortInjective XPD/USDC PERP1,332.80.0033get 0.0004% / 1h12m 48s$16K$20K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$3.5
Price spread: +1.842% → 0.000%
$184.15
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$162.63
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 5 min ago1.53 bp10.5 bp −$1126.3 bp −$263doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XPD on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XPDUSDC−0.0008%4h1,312.6+0.300%$38K$206K10xas long as short
Binance XPDUSDT0.0000%4h1,310.1+0.110%$3.8M$4.5M100xas long as short
Gate XPD_USDT0.0000%4h1,310.2+0.115%$2.0M$455K100xas long as short
MEXC XPD_USDT0.0000%4h1,310+0.099%$13.1M$334K100xas long as short
Variational Omni XPD0.0000%4h1,312.3+0.278%$542K$16Kas long as short
SunX XPD-USDT0.0000%4h1,309.9+0.092%$1.9M10xas long as short
HTX XPD-USDT0.0000%4h1,311.7+0.230%$10K$33K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,309.3+0.044%as long as short
Aster XPDUSDT+0.0024%4h1,310.1+0.106%$27K$12K20xas long as short
Lighter XPD+0.0032%1h1,310.8+0.160%$404K$155K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XPD/USDC PERPshort+0.0033%1h1,332.8+1.842%$16K$20K52x
tradeXYZ xyz:PALLADIUMlong+0.0050%1h1,308.7long leg$2.7M$518K20x
OKX XPD-USDT-SWAP+0.0058%8h1,310+0.099%$319K$475K50xas long as short
KuCoin XPDUSDTM+0.0100%4h1,309.5+0.058%$171K$5K75xas long as short
Bitget XPDUSDT+0.0114%4h1,309.6+0.066%$5.0M$216K100xas long as short
GRVT XPD_USDT_Perp+0.0490%4h1,311.6+0.222%$340K$787K25xas long as short